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Enter Symbol:
 
Mips Technologies, Inc. (MIPS) [hlAlert]

Rating:
Buy MIPS
up 79.32 %

Mips Technologies, Inc. (MIPS) upgraded to Buy with price target $7.50 by B. Riley & Co

Posted on: Thursday,  Jan 31, 2008  11:25 AM ET by B. Riley & Co

B. Riley & Co rated Buy Mips Technologies, Inc. (NASDAQ: MIPS) on 01/31/2008, when the stock price was $4.45.
Since then, Mips Technologies, Inc. has gained 79.33% as of 02/07/2013's recent price of $7.98.
If you would have followed this B. Riley & Co's recommendation on MIPS, you would have gained 79.32% of your investment in 1834 days.

MIPS Technologies, Inc. (MIPS) is a provider of industry-standard processor architectures and cores that powers home entertainment, communications, networking and portable multimedia products. The Company?s technology is used in markets, such as mobile consumer electronics, digital entertainment, wired and wireless communications and networking, office automation, security, microcontrollers, and automotive. The Company develops standards for both 32-bit and 64-bit computing. It license standard MIPS32 and MIPS64 instruction-set architectures (ISAs), application specific extensions (ASEs), core designs and other related Internet protocol (IP) to semiconductor companies and system original equipment manufacturers ( OEMs). On May 7, 2009, the Company completed the sale of its Analog Business Group (ABG) to Synopsys, Inc.

B. Riley's distinguished equity and high yield research is the mainstay of the firm, contributing unparalleled value to our institutional and private clients. Our success is based on our history of uncovering value before anyone else.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2008 11:25 AM Buy
None
4.45 7.50
as of 12/24/2008
1 Week down  -7.53 %
1 Month up  20.86 %
3 Months up  192.38 %
1 YTD up  176.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/12/2007 11:25 AM Hold
None
6.85 7.60

(*) Stock Price at the time of the recommendation.
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